Auburn State Bank is a locally owned and operated, independent bank with one location
in the center of Nemaha County, Nebraska. Our decisions are made by a local board which
allows us to better tailor our services to our customers.

The First Hundred Years

Articles of Incorporation for “The German-American Bank” were filed with the Nemaha
County Clerk on December 20, 1905. Paid up capital was $25,000.00. The original
stockholders were: Peter Berlet (President), C.E. Ord (Vice-President), J.M. Wright
(Cashier), Fred Lampe, Sr. and H.C. Kleckner. Initially the bank rented space near the
Courthouse in Auburn and then moved to its newly constructed building at 1920 O Street on
July 6, 1906.

On January 15, 1918, R.W. Dirks (Cashier since December 15, 1911) filed notice with the
State Banking Board changing the bank name to “The Auburn State Bank.”

In 1935, a decision was made to relocate to the North business district of Auburn,
moving into the old Nemaha County Bank Building at 1217 J Street. In 1938, the bank moved
into larger quarters at 1202 J Street and remained there for 33 years.

An agreement to transfer all of the accounts of the Bank of Nemaha to the Auburn State
Bank was signed by the directors of each institution on June 25, 1943.

On December 15, 1945, majority ownership was transferred from Adah Wells to Vergil Lehr
and James Grant Jr. This interest has been in place for the past 60 years. At that time
R.W. Dirks resigned as Cashier and Managing Officer after 34 years of service to the bank
and V.E. Warren assumed these duties.

On March 28, 1971, the bank moved to its newly constructed building at 1212 J Street,
and has maintained that location to this date. A new Drive Through building was opened at
1012 13th Street in February of 1994. Extensive remodeling of the main banking facility
was completed in May of 2000. The former Glen Drug Store was purchased in April 2001 and
the bank has since expanded into that building.